Tag Archives: SPACs

REITs get a new route to market

Introducing the capital pool company trust, a niche vehicle with potentially big appeal
By Ken Mark
October 4th, 2017

Private real estate firms with a goal of obtaining a public listing as a real estate investment trust (REIT) now have a new path to market. Ironically, this path comes courtesy of one of the TSX Venture Exchange’s oldest vehicles, … Continue reading

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SPACs: a slow climb toward legitimacy

Special Purpose Acquisition Corporations have struggled to gain solid traction in Canada, but recent successes point to their long-term potential as an alternative to traditional private equity financing
By Robert Olsen
With Andrew Luetchford
May 18th, 2017

One of the poorer acronyms in the corporate finance world is SPACs, or Special Purpose Acquisition Corporations, as they are properly called. SPACs have been around since the early ’90s, but only in their most recent form in Canada since … Continue reading

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New sharks in the shark tank

They’re called special purpose acquisition corporations—capital pools on steroids—and they’d never existed on the TSX before 2015. The first four to IPO raised $1 billion and feature a who’s who in Canadian capital. Are there more where they came from?
By John Greenwood
October 10th, 2015

Simon Romano is a busy man. The veteran securities lawyer has helped deliver a brand-new set of arrivals on the Toronto Stock Exchange this year—all four of the special purpose acquisition corporations, or SPACs, that went public between April and … Continue reading

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